3 Questions To Find Your Most Profitable Ghostwriting Niche

Get paid to write about what you know.

How many times have you heard this online?

“The best way to monetize what you know on the internet is to create a digital product.”

We think this is only 50% correct and is leading too many people down a hard path to monetization. But, before we explain why this is wrong, it’s worth saying that we’re a big believers on writing about what you know online, building an audience around your knowledge, and becoming known for a niche you own so you can eventually create a digital product. After all, it’s what our 30-day writing program, Ship 30 for 30 is all about.

But if you want to monetize your existing knowledge FAST, you should COMBINE writing online with a service before diving into creating your first digital product.

Here are 3 reasons why:

Reason 1: Low ticket, high volume.

Digital products are typically priced lower than services so for you to make the same amount with a product vs service, you need to sell more.

Let’s say you have a $150 product. If you want to make an extra $5,000 every month, you need to get 34 sales. But if you’re focused on services, all you need to do is make 1 sale for $5,000 to earn the same amount. Plus, all the knowledge and experience you’ll get by providing a service will become the foundation of your first digital…